Richmonder Involved To Strengthen Our Communities
EIN: 542003930 · Richmond, VA · NTEE: R30
Is Richmonder Involved To Strengthen Our Communities Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Richmonder Involved To Strengthen Our Communities
Richmonder Involved To Strengthen Our Communities (EIN: 542003930) is a nonprofit organization based in Richmond, VA, classified under NTEE code R30. The organization reported total revenue of $352K and total assets of $349K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richmonder Involved To Strengthen Our Communities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richmonder Involved To Strengthen Our Communities is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $321K |
| Total Expenses | $353K |
| Surplus / Deficit | $-31,864 |
| Total Assets | $319K |
| Total Liabilities | $15K |
| Net Assets | $304K |
| Operating Margin | -9.9% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Richmonder Involved To Strengthen Our Communities reported a deficit of $32K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Richmonder Involved To Strengthen Our Communities's revenue has grown at a compound annual growth rate (CAGR) of 16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.9% | +52.0% | -5.5% |
| 2022 | +21.9% | +40.9% | +39.1% |
| 2021 | +38.2% | +63.8% | +74.1% |
| 2020 | +91.9% | +9.5% | +1409.8% |
| 2019 | +34.2% | +39.7% | -65.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Richmonder Involved To Strengthen Our Communities has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Richmonder Involved To Strengthen Our Communities with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.8%.
Frequently Asked Questions about Richmonder Involved To Strengthen Our Communities
Is Richmonder Involved To Strengthen Our Communities a legitimate charity?
Based on AI analysis of IRS 990 filings, Richmonder Involved To Strengthen Our Communities (EIN: 542003930) insufficient data. 0 red flags identified, 0 strengths noted.
How does Richmonder Involved To Strengthen Our Communities spend its money?
Detailed spending breakdown data is not yet available for Richmonder Involved To Strengthen Our Communities. Check back for updated IRS 990 analysis.
Are donations to Richmonder Involved To Strengthen Our Communities tax-deductible?
Richmonder Involved To Strengthen Our Communities is registered as a tax-exempt nonprofit (EIN: 542003930). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Richmonder Involved To Strengthen Our Communities showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Richmonder Involved To Strengthen Our Communities's revenue has grown by 501.3%, moving from $53K to $321K. Total assets increased by 6466.8% over the same period, from $5K to $319K. Total functional expenses rose by 627.2%, from $48K to $353K. In its most recent filing year (2023), Richmonder Involved To Strengthen Our Communities reported a deficit of $32K, with expenses exceeding revenue. The organization holds $15K in liabilities against $319K in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $304K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $321K | $353K | $319K | $15K | — | — |
| 2022 | $327K | $232K | $338K | $0 | — | View 990 |
| 2021 | $268K | $165K | $243K | $0 | — | View 990 |
| 2020 | $194K | $101K | $139K | $0 | — | View 990 |
| 2019 | $101K | $92K | $9K | $0 | — | View 990 |
| 2018 | $75K | $66K | $27K | $0 | — | View 990 |
| 2017 | $106K | $81K | $38K | $0 | — | View 990 |
| 2016 | $123K | $137K | $40K | $0 | — | View 990 |
| 2015 | $123K | $130K | $27K | $0 | — | View 990 |
| 2014 | $120K | $132K | $34K | $0 | — | View 990 |
| 2013 | $123K | $95K | $57K | $0 | — | View 990 |
| 2012 | $74K | $50K | $29K | $0 | — | View 990 |
| 2011 | $53K | $48K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $321K, expenses of $353K, and assets of $319K (revenue -1.9% year-over-year).
- 2022: Revenue of $327K, expenses of $232K, and assets of $338K (revenue +21.9% year-over-year).
- 2021: Revenue of $268K, expenses of $165K, and assets of $243K (revenue +38.2% year-over-year).
- 2020: Revenue of $194K, expenses of $101K, and assets of $139K (revenue +91.9% year-over-year).
- 2019: Revenue of $101K, expenses of $92K, and assets of $9K (revenue +34.2% year-over-year).
- 2018: Revenue of $75K, expenses of $66K, and assets of $27K (revenue -29.0% year-over-year).
- 2017: Revenue of $106K, expenses of $81K, and assets of $38K (revenue -13.7% year-over-year).
- 2016: Revenue of $123K, expenses of $137K, and assets of $40K (revenue -0.2% year-over-year).
- 2015: Revenue of $123K, expenses of $130K, and assets of $27K (revenue +2.3% year-over-year).
- 2014: Revenue of $120K, expenses of $132K, and assets of $34K (revenue -2.2% year-over-year).
- 2013: Revenue of $123K, expenses of $95K, and assets of $57K (revenue +66.5% year-over-year).
- 2012: Revenue of $74K, expenses of $50K, and assets of $29K (revenue +38.5% year-over-year).
- 2011: Revenue of $53K, expenses of $48K, and assets of $5K.
Data Sources and Methodology
This transparency report for Richmonder Involved To Strengthen Our Communities is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.